ScottMadden Reviews the Smart City Opportunity for Utilities

ScottMadden, Inc., one of North America's leading energy consulting firms, recently released a new report focused on the concept of "smart cities." This white paper provides a brief introduction to smart cities, details a framework to help visualize potential components, and identifies a simple, step-wise path for utilities to successfully support their community's efforts to pursue "smart city" initiatives.

"The buzz about 'smart cities' today is reminiscent of the discussion around 'smart grid' a few years ago: it's an evolving concept and means different things to different people," said Stuart Pearman, partner and energy practice leader at ScottMadden. "That said, it presents significant opportunities for cities to invest in growth, quality of life, and cost-reducing technologies. We believe that energy utilities have an important role to play in 'smart city' initiatives, with natural advantages as incumbent network owners and operators, so this paper examines some early 'smart city' opportunities from the utility perspective."

ScottMadden | www.scottmadden.com